Euro down 0.36 points to AMD 411.07

Banks

YEREVAN, 25 December. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on 25 December 2024 was 396.06 drams, up 0.31 points compared to 24 December.

Euro exchange rate decreased by 0.36 points to AMD 411.07, while the Russian  ruble exchange rate increased by 0.01 points to AMD 3.98, the Central Bank reported.  -0-

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Announces

EBRD to provide $20 million to support refugees and young entrepreneurs in Armenia

The EBRD will provide $20 million (€17.1 million) to improve access to finance for refugees and young entrepreneurs in Armenia, the EU Delegation to Armenia announced on Facebook.
Banks

Idram and IDBank continue their traditional series of financial and digital literacy training programs

Idram and IDBank continue their traditional series of financial and digital literacy training programs.
Economy

Central Bank of Armenia should be prepared to adjust interest rates if necessary – IMF

The ongoing economic uncertainty underscores Armenian authorities' need for continuing efforts to build resilience and improve prospects for future growth, the International Monetary Fund (IMF) said in a press release.
Announces

Pashinyan: Income tax refund program for mortgages will not be extended in regions adjacent to Yerevan from 2027

The Armenian government does not intend to extend the income tax refund program for mortgage interest repayments in the regions adjacent to Yerevan, RA Prime Minister Nikol Pashinyan announced.
Announces

Special conditions for business development: ACBA Bank

ACBA Bank has unveiled special business financing offers for the development of small and medium-sized enterprises in Armenia, which are effective until July 31 inclusive.

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Euro up 1 point to AMD 412.07
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